Rave is following the same order book pattern as STO, a nonstop move up followed by a brutal sell-off.
Will Rave do the same? From what I’ve seen, most of these pumps end the same way.
Market tops are hard to predict but it usually leaves some signs. I called the top on STO, It wasn't the first time i did it. Read all the screenshots i attached with the post and LEARN.
US CPI (Inflation) data is due today. Bitcoin faking-out last highs. You can expect some volatility during newyork session. Bulls needs to leave this $72k zone.
$TAO chart was already showing weakness before the news even hit.
CRYPTO MECHANIC
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$TAO Those wicks on the Daily chart are showing the signs of weakness. $290-300 is important zone for bulls to hold. If price drops under it, I wouldn't be surprised if this rotates lower again.
Covenant AI, owner of SN3, SN81 & SN39 has announced they're leaving Bittensor
Sam Dare didn't just leave, he called the whole thing "decentralization theatre" and accused the founder of running a one-man show dressed up as a protocol.
• Suspending their emissions. • Stripping moderation rights. • Deprecating their infrastructure. • Timing token dumps as pressure.
$TAO Those wicks on the Daily chart are showing the signs of weakness. $290-300 is important zone for bulls to hold. If price drops under it, I wouldn't be surprised if this rotates lower again.